Technical Analysis

Wed, 28 Aug 2019 09:23:22 GMT

EUR/USD could go downwards

Yesterday, the EUR/USD currency pair declined slightly to the psychological level at 1.1090. During Wednesday morning, the pair was trading at the given level.

Wed, 28 Aug 2019 09:22:07 GMT

AUD/USD bounces off 50.00% Fibo

The Australian Dollar depreciated about 30 basis points against the US Dollar on Tuesday. The 200– hour simple moving average restricted the currency pair from edging higher during yesterday's trading session.

Wed, 28 Aug 2019 09:19:23 GMT

EUR/JPY might edge up

The single European currency has depreciated about 0.47% in value against the Japanese Yen since yesterday's session. The currency pair tested the 61.80% Fibonacci retracement level at 117.19 during the morning hours of Wednesday's trading session.

Tue, 27 Aug 2019 08:54:06 GMT

NZD/USD bearish signals today

The New Zealand Dollar appreciated by 53 basis points against the US Dollar on Monday. The Surge was stopped by the weekly pivot point at 0.6398 during yesterday's trading session.

Tue, 27 Aug 2019 08:51:25 GMT

USD/CAD breaches medium-term channel

The US Dollar depreciated about 0.51% in value against the Canadian Dollar on Monday. A breakout occurred through the lower boundary of a medium-term ascending channel pattern at 1.3280 during Monday's trading session.

Tue, 27 Aug 2019 08:48:37 GMT

AUD/USD moving towards 50.00% Fibo

The Australian Dollar appreciated by 1.35% in value against the US Dollar on Monday. The currency pair made a U-turn down from the weekly R1 at 0.6785 during yesterday's trading session.

Tue, 27 Aug 2019 08:46:51 GMT

EUR/JPY trades near 61.80% Fibo

The common European currency appreciated about 154 basis points against the Japanese Yen on Monday. The surge was stopped by the 200-hour simple moving average at 117.98.

Tue, 27 Aug 2019 08:45:46 GMT

XAU/USD might go upwards

During the previous trading session, gold traded sideways against the US Dollar at the 1,530.00 level. During today's morning, the XAU/USD exchange rate maintained its consolidation.

Tue, 27 Aug 2019 08:43:18 GMT

USD/JPY could decline

Yesterday, the USD/JPY currency pair tried to surpass the resistance formed by the 55-, 100– and 200-hour SMAs in the 106.00/106.24 range. During Tuesday morning, the pair was trading at the 105.75 level.

Tue, 27 Aug 2019 08:41:35 GMT

GBP/USD squeezed by moving averages

During Monday, the GBP/USD exchange rate reversed south from the upper boundary of the short-term ascending channel at 1.2300. During today's morning, the rate was testing the support level—the weekly PP at 1.2220.

Tue, 27 Aug 2019 08:39:30 GMT

EUR/USD supported by moving averages

Yesterday, the EUR/USD currency pair declined to the support formed by the 55-, 100– and 200-hour SMAs, located circa 1.1110. During Tuesday morning, the pair was testing the given support.

Mon, 26 Aug 2019 08:22:30 GMT

XAU/USD could reverse north

On Friday, the XAU/USD exchange rate skyrocketed to the psychological level at 1,550.00. During today's morning, the rate declined to the 1,535.00 level.

Mon, 26 Aug 2019 08:20:47 GMT

USD/JPY pressured by moving averages

During the previous trading session, the USD/JPY currency pair reached the 2017/2019 low at 104.67. During today's morning, the pair was testing the resistance level formed by the weekly PP and the monthly S3 at 105.87.

Mon, 26 Aug 2019 08:19:08 GMT

GBP/USD could decline

At the end of the previous week, the GBP/USD exchange rate tested the upper boundary of the short-term ascending channel at 1.2300. During Monday morning, the rate reversed south.

Mon, 26 Aug 2019 08:17:27 GMT

EUR/USD: two scenarios likely

During Friday, the EUR/USD currency pair skyrocketed to the psychological level at 1.1150. During today's morning, the pair was trading at the 1.1130 level.

Fri, 23 Aug 2019 11:04:36 GMT

XAU/USD pressured by moving averages

Yesterday, the XAU/USD exchange rate tested the resistance formed by the 55-, 100– and 200-hour SMAs, located in the 1,499.93/1,507.20 range. During today's morning, the rate was trading at the 1,495.00 mark.

Fri, 23 Aug 2019 11:03:14 GMT

USD/JPY trades at 106.65 level

During the previous trading session, the USD/JPY currency pair reversed north from the lower boundary of the short-term ascending channel at 106.35. During Friday morning, the pair reached the 106.65 mark.

Fri, 23 Aug 2019 11:01:56 GMT

GBP/USD tests weekly R1

On Thursday, the GBP/USD exchange rate skyrocketed to the weekly R2 at 1.2274. During today's morning, the rate declined to the support level—the weekly R1 at 1.2212.

Fri, 23 Aug 2019 11:00:43 GMT

EUR/USD likely to decline

Yesterday, the EUR/USD currency pair was volatile, likely due to Jackson Hole symposium. During Friday's morning, the pair declined to the 1.1060 level.

Fri, 23 Aug 2019 09:17:20 GMT

NZD/USD tests 50-hour SMA

The New Zealand Dollar made a U-turn from a support level formed by the weekly S3 at 0.6360 during yesterday's trading session. As a result, the currency pair edged higher by about 0.50% in value.

Fri, 23 Aug 2019 09:14:02 GMT

USD/CAD breaches SMAs

Since August 21, the US Dollar has appreciated about 0.48% in value against the Canadian Dollar. The currency pair has breached both the 50-, 100– and 200– hour simple moving averages.

Fri, 23 Aug 2019 09:12:00 GMT

AUD/USD targets at 0.6741

The Australian Dollar has depreciated about 0.44% in value against the US Dollar since yesterday's trading session. The currency pair breached the monthly S1 at 0.6759 on Thursday.

Fri, 23 Aug 2019 09:08:02 GMT

EUR/JPY trading within range

The common European currency traded sideways against the Japanese Yen on Thursday. The currency pair was trading below the 50-, 100– and 200– hour SMAs during yesterday's trading session.

Thu, 22 Aug 2019 10:49:22 GMT

XAU/USD pressured by moving averages

Yesterday, the XAU/USD exchange rate tried to surpass the resistance formed by the 55-, 100– and 200-hour SMAs in the 1,502.30/1,507.49 range. During today's morning, the rate was trading near the 1,495.00 mark.

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